Where the fuck is OSPF doing right now?

Um, so we've got.

Weird fucking shit happening. I mean, this is just bonkers. This is so bananas in the tailpipe.

And I'm recording this, and I don't think anybody's even listening right now. I'm just recording this for the sake of fucking recording this, because what is happening right now?

I just. I I can't even.

I'm.

Absolutely. Mind blown.

Right. Now, one second.

Going to share this in with the crew.

Alright.

Umm.

Why is happening right now?

I just.

This is this is like.

This is just bonkers.

Holy shit. Alright, I'm just pulling out. Let's see. Yo, what's up, homie?

SF is office fucking rocker, dude. Like, I don't know what's happening right here.

15 hours ago, he said what?

And then an hour later he said H and hour ago, a.

12 minutes ago pee. This is like real time fucking wheel of Fortune.

Like this motherfucker spelling something out. It is the most weird fucking thing. I can't. I don't even.

I'm just like. I'm dismayed. I'm like.

What the fuck? Like, that's what I'm over here like. I'm like, I can't even joke about this. I'm over here like is this like some some shit like or is this like cryptic like or is is this guy off his rocker?

Right. Did he fumble his fucking phone last night? What's I why the the period? He's obviously spelling something.

Umm.

This is.

I'm just blown away. So I'm hosting a space right now just to host a fucking space and and I just.

No idea, I think. I think SPF's law office is fucking shit, bro. He's off his fucking rocker.

Yeah, here. Adam Cochrane kinda calls it what I think is potentially what's going on. He slowed, tweets what's happened to gather attention, drops a long blog post where he blames mislabeling or buying ants, maybe tries to discredit people or throw other teammates under the bus, all while continuing to play games to save his skin. That's what Adam Cochrane says. That's my guy. I trust him. Adam Cochrane for president, even though I don't think he lives in the United States.

Money's on he doesn't control the accounts, is what one person says.

That's exactly what they'd want you to think.

Ohm.

It doesn't seem to understand the extent of his crimes. I'm glad he's tweeting though, showing his true colors. What? Like what Batman type level fucking shit is this? I am so fucking like, I can't even, bro.

What is this?

What the fuck is going on?

Expect me to have a fucking productive day.

Jesus fucking Christ.

I can't even right now.

I'm just gonna keep the room open for a minute.

I stay in here. If you're gonna stay in here, give me a thumbs up.

The chickens behind me.

My neighbor's chickens are walking around.

I'm just waiting for the next fucking tweet.

Oh my God, I told. Like I said earlier, like why am I paying for Netflix? I got crypto Twitter.

Thumbs up twice. Shit.

What the fuck is going on?

Finance CEO thinks Sam lied to his staff, shareholders, regulators and users. Really.

Really, Captain hindsight, over here.

Think so? This guy's a fucking genius.

Oh my God.

What an astute observation.

Jesus fucking Christ.

Uh, what? I just like the level of.

The the audacity, first of all, right?

Like the absolute audacity of this guy.

That's that's the first thing that's just thrown me is he is like.

How socio fucking pathic.

And I just. I can't believe how many people blindly gave this motherfucker money just because they were like, ohh, he's an eccentric motherfucker, I'm an eccentric, but you're not giving me hundreds of millions of dollars. I just.

I am.

If you think, and like I said last week, if you think you're bad at money management, like you really need to be lighter on yourself because this motherfucker had every venture capital in the fucking world at his fucking whim doing whatever he wanted. Motherfucker wasn't even 30 years old and he was assigning 30 year fucking deals with fucking banks and shit and and arenas and and entire sporting organizations like.

If you set your mind to it, you can do it, but I think that you also have to be well connected to do it on a scale that he did it, but still, nonetheless, God, I just.

I can't even and I'm like what is going on? Like this is so contrived this is so.

This isn't an accident. There's no way this could ever be an accident. This is like.

What in the absolute fuck?

And I just can't like and like I said like an hour watching him slow tweet something. Is he, is he held hostage, you know what I mean? Like, is he fucking on a Bender? Is he just like doing all of the drugs now and finishing them all off like.

I don't even know.

But I want you and all. It's killing me.

God, it's killing me.

Ohh I got other things to do but this is like fuck.

I'm dead ass. I don't watch. I don't listen to true crime podcasts, OK? I don't get caught up in in in the dancing shows. My daughter does. I don't. But holy shit, crypto Twitter.

I got to Vanessa and I can't.

This is ridiculous right? Now you see what's going on with SVP? Scroll through these tweets on top. The motherfucker just 15 minutes ago tweeting out letters.

Individual letters.

You coming up here? Are you gonna do sounds again? You're just doing sounds.

OK so scroll through what the what you posted.

Yeah, up top on the Jumbotron.

OK, well that they think she lied, I mean.

What? OK, I'll check it out.

Ohh never just normal drop, sorry.

20 minutes ago he typed. He, he and these are threaded starting last night, like I mentioned earlier in the space 15 hours ago, 9:00 o'clock at night last night he said. Or 7:00 o'clock your time.

He said what?

Yeah.

And now he's tweeting out individual letters.

Sorry.

And it looks like he's gonna spell. What happened was you see, what had happened was would be great. But that that's, I think that's essentially what he's going to do here. Adam Cochrane called it. He said motherfucker is slow tweeting out what happened, and then he's going to drop A blog post link.

Have them.

I'm I'm kind of skimming through this, but I can't get to the beef. I can't get to the meat of it.

There is no meat. All he's done is is like. That's the weird cryptic thing is there's no meat. He's he's literally just like.

You are good.

Speeding out individual letters right now.

Ohh, OK, I was looking at the Watcher Guru article. I'm like, well of course he lied. I don't see what's so groundbreaking.

OK. OK.

Ohh yeah, yeah, yeah, yeah. No no. We already went through that. That's ridiculous. They're like over here making news out of nothing. They're like CZ SF lied to his employees and his customers and it's like, what?

Oh wait, but he said what he said. He said P what's the P for whop?

It's a it's it's the he's spelling out. It's the 4th in a thread. The first was what? And then the second was H, the third was a, and the 4th is P.

OK.

So he's if you look at the thread itself.

He's just tweeting out individual letters.

Uh, yeah, Rider, Rip said. What happened? He simpling with it? OK.

Yeah.

Interesting.

Very interesting. Kobe is taking bets on the next letter that he's going to.

Cute. Ohh copy from like.

Yeah, probably, I say. Probably. Yeah, I just posted it up.

I know. I was like, wait, Bryant? Is he alive? That was bad.

Autism capital. This is the most exciting game of Hangman we've ever played against.

Oh my God, what is going on? This is just. And I'm just like, I had to make the space because I'm over here. I'm just like, tripping. I'm like, I can't like this is happening right now. I can't turn it off, I mean.

I jumped in the I got in the space last yesterday with PO and whatever, and they were talking about how they went to the Bahamas and.

Yeah, what happened with all that?

I don't know, because some, some, some lady was clowning him. She was like, well, did you get any pictures of SBF, like getting pulled out of the and they're like no, of course not, of course not.

And she's like, well, why? Why are you making a big deal about you? Guys like being in the Bahamas, doing normal like vacation stuff like this is stupid.

I think that's what the fucking thing is. I think I feel like they trolled everybody and they just went to the Bahamas for the weekend.

Hmm, I know well.

I think that that's like, because I watched a couple of their videos and I'm like, they don't seem to actually be doing anything journalistic. It seems like they're more or less just running around and taking pictures of themselves, running around and saying we're doing journalistic stuff.

It's just adding to the.

The noise.

Getting into the lies, yeah.

Adding to the I've never really big it big. Been big into PO.

And, and and Nick, I just never was like, I listened to a couple of other shows back. That's actually one of the reasons I couldn't. I didn't like their shows. They were annoying as fuck, like in the morning. And so that's why I started doing my morning spaces because I was listening to them and I was like, yo, these guys are just obnoxious. It's like listening to like the Morning radio show on your local raunchy rock station.

I just.

You know, like it.

It there was nothing ever media like I was listening to it and it it was like they were just having a good time. Nothing meaty. I mean, I I like having a good time, but.

I also want some some meat to listen to.

Keep calling it meat.

I'm gonna, I'm gonna mute for maybe hop off here.

Plug my phone back in.

Yo, can you hear me?

If you can hear me, give me a thumbs up or something.

Give me a thumbs up if you can hear me. I can't hear you right this second. Give Me 2 seconds.

OK, thumbs up from you.

Talk to me, baby. Can you hear me?

Wait.

Yeah yeah I I I was saying earlier I'm.

Um, one second.

I'm just doing some work with my daughter, so I'm gonna put the phone on the charger, but I got you on still.

Ohh, you see you can't hear me.

Um, my phone died and I'm using the emulator on my computer right now to keep the space going. Either my phone starts back up or until I get my settings properly on my computer where I don't need my phone give me.

Give me a second.

I'm going to grab.

I got.

You there? Can you hear me?

We're down here, yeah.

I can't hear you. Why can't I hear you? Wait. Maybe.

Hold on, I'm gonna message.

But there's nothing coming through here. I don't see any uh, let me go to my audio settings here in my emulator.

I'm a double. I'm a double stroller.

Ohh OK, let's see.

How are you?

I can't add to that.

Umm, I don't know. Probably just gonna jump on my phone here in a second.

We are teammates. Do not die.

Can you hear me right now? Yeah, you can hear me? It's can I hear you? I can't. Ohh I fix that.

Ohh wait, let's do this. Thanks for sticking around guys by the way.

Hmm.

And then I pop skip it up.

Man ohh man why you being so stupid?

Clips aniana.

Hmm.

Oh, I think I could use my phone now. That's what I'm doing. Alright, give me a second. Let me just pull my phone back up.

But it's cool that you can hear me.

I heard it earlier. That's the weird thing I heard earlier talking.

And I had to mute it. How did I do that though? I don't know. I'll figure it out later.

She.

OK.

All right. Can you hear me?

If you can hear me, give me a thumbs up.

I think I'm good now, but I don't know. I need to make sure. It says that I'm good, but I need to make sure that I'm good.

Alright, cool. What's up? We back? I'm back. I got my phone plugged in and I was able to use my emulator.

To keep the space going while my phone was charging.

And you know, I think back to.

In February and the March and April doing the spaces and how many times I accidentally rugged them because my phone died. And I just, you know, it's crazy to think that, you know, like, how far we've come, essentially. All right, let's see. Going through my notifications. See what's going on here.

Ah.

Blah blah blah, Elon Musk is now feeding into the whole FTTX is a democratic.

Proxy um.

And I don't know how I feel about that. Like I said, I'm even a leftist. I don't know how I feel about this whole conflating with, like, the Dems versus the repubs. I hate that whole dichotomy. I think it's so fucking stupid.

Really hope that this, you know, like just like the pandemic boiled down to an argument about masks, I really hope this doesn't turn into a whole thing about Democrats versus Republicans.

He is like it's not about that, God damn it.

Uh.

Jesus fucking Christ.

Pretty much. But I was just gonna say I've kind of been calling this.

Before this happened, not FTX collapse, but just that.

And especially by the next presidential elections, this will play a huge part. And it'll be super polarized between left and right.

Yeah, it's uh, I really don't want that. I really, really, really really.

But it wasn't for a while because you had like ohh, you have Jack Dorsey and he's on the Bitcoin and Elizabeth Warren's not, but they're both on the left. And I was like, oh, this is cool. Like there's actually no no polarization party stuff here. Like people just like it if they do.

It's starting.

I don't think that we can get away from it though. Like you said, you know, it's like that's where it's like now the time though where we have to strike if we're going to be building tools, infrastructure etcetera.

Thank you.

This is the time to do it because there's a natural the tide itself is rising, you know. I mean, it's going to be adopted in.

You know, in defense, it's going to be adopted.

In government, it's going to be adopted in healthcare and other types of record keeping.

You know, like it's coming no matter what. And right now is a great time to I think you know, get your foot in the door and just continue to build. The churn is ridiculous, you know, and I think that like we just lost like half of the the, you know, people in the market that you know, like that just this wiped out so much, it wiped out a lot of traders that were in it just for trading.

And I think that's fine. You know what I mean? Like I think that's, that's cool because now like we're about to.

You know, have a lot of of growth ahead of us, a lot of opportunity to grow, a lot of natural attention that's going to come into the space. And again, you know big thing that I've been saying for a while, like the longer that you exist before a certain big thing happens, the more that you know you have like a natural amount of authority and trust. It's kind of assumed because you've been in for X amount of time.

Or at least it helps with like the affinity. It's like a boost. So if you're like, yeah, you know, like I've been in since, you know, before Mount Gox and that's like a milestone. And you say like I started building, you know, when that happened, we were already building before that happened and after that happened, we went in and started doing this, this, this and that and that was what, like two years ago, three years ago or whatever.

Three years ago or so.

You know, however long ago that was there like that adds credibility in nature to kind of like your argument. And depending on what you're doing like that is an easy way for people to kind of get a grasp of, you know, how much information and how much expertise you might have, especially relative to their own. If they've only if they came in because of, you know, a certain event and you were in that point, you came in.

And let's say like a certain event happens three months beforehand, four months beforehand. So then they've been in the space for four months. Then they have like, you know, a lifespan of like four months, and you've been in the space for like 10 times that. Then it's understood that like you're going to have, you know more information, you're going to have a better understanding, you're going have more experience defacto, and that can be used in a positive way when creating.

Content and when doing branding and stuff like that online, especially if you have the intentions to help people and and to actually you know provide real value to the space instead of just existing on the sidelines or you know, scooping up the low hanging fruit.

Stop.

Why won't my SPF tweet anything?

Since I went on my monologue.

Let's find out.

Another pee.

Another fucking pee. No way this is like ohh. This is great opportunity for you to go in and tweet if you want to get some memes in.

I'm I'm treating some just right now with me taking notes.

Ohh this is hilarious. I'm just going to post a bunch of my favorite gifts of note taking.

I love, I love jiffs.

The SpongeBob one where he's thinking and uhhh, my God.

Ohh, since too much.

Yeah, yeah, I'm. I added those to my fucking to the space up there. If you want to retweet those for me, I'm going to keep dropping gifts, though.

I said water.

Yeah, that'd be funny. Yo, what have we fucking degradated to? To the point where we're having a space while we're tweeting about things that are happening on Twitter? Like, what kind of meta shit is that?

Jesus.

It's just what Elon wants.

It's sunny wants he's like and then live stream at.

And then make it at NFT and use it as your profile picture and pay me $8.00 a month.

Oh my God, who was I talking to? I think I was talking to Brittany last night. I was like, ohh, yeah. I was explaining y'all gonna enjoy this. I was explaining the whole like, Elon thing to her because she's an outsider, like hardcore from this. So I'm like, OK, so this is what's actually happening aside from just the thing, you know what I mean? And I explained her how like, there's the verified check mark and then for like advertisers there's like an additional check mark. And she just thought

It's gonna turn into like super troopers with like the hat, you know, eventually there's gonna be like another check mark and then like another check mark for that. And then next thing you know, it's just going to be, you know, we're just going to be in a downward spiral and and at that point in time it will be very apparent that we're actually in hell and that it's inescapable and.

This is all just being a giant simulation.

The check marks though, I'm just thinking of like one giant like Twitter, just as one check mark. Like a profile is just a check mark. There's not even content anymore, it's just a check mark.

I can't even guys. I'm dead. I'm fucking dying over here.

Yeah, this motherfucker got it on like some fucking like schedule or two. So like, we're over here, like waiting for like the next thing. And he's like already, like on a fucking plane to the fuck. Like he's outta here. Like like we're everybody thinks, like, he's tweeting and he's like, the mother's packing up.

Ohh shit, that's what I'm thinking about right now.

Oh my God.

Ohh shit, where's the GIF at for this?

The car's overloaded now. Oh my God. This is exactly what Elon wants, isn't it?

Which Jeff?

Umm.

There we go, we'll do that one.

Hmm.

Said it again SPX.

I just like see us kicking in hardcore.

Dude, I can't message in the gyms for some reason.

Hmm.

Or in the DMS, in the, in the.

Ohh OK.

Did you refresh the phone? Did you try closing your app? It might just be a glitch and then come back.

Hmm.

Hmm.

I'm gonna say hmm, maybe one or two more times like an old man.

Ah, fuck van Assen. Ohh. That's right here. It's because he's.

I'm an idiot, all right.

He posts another letter. Yeah.

Where the fuck is Van Assassin's at? Asset Ban Assassin's asset? That's fun to say.

Wild shit, guys.

Absolutely bonkers. I can't believe that we're witnessing this.

Infinite.

Love you.

I just can't right now with fucking LinkedIn.

I was gonna blame.

Ohh shit.

Hit that up there.

Umm.

Hot gonna quote with him was going to say he was hacked. Let's see if he's tweeting this.

Oh my God.

What happens now? What happens next? Nothing. Just jibberish ohh vote.

What in the fuck is going on? It just doesn't make sense.

I can't even just.

Uh.

I smoke weed.

While this is happening too, so that doesn't make it any easier for me.

Hmm.

You know what? I'm kit, this is. I'm just keeping this space open. This is just so fucking bonkers that I just have to at this point in time. I can't. Not at this fucking point in time.

He's he's he's tweeting cryptically.

Umm.

As it's just too. It's so bonkers, so I'm just keeping the space open.

What's up?

I just got out of um Bazinga space and ohh my gosh, bazinga was just making fun of him.

Yeah.

With the HA, with with his his, his jeopardy with his hangman. Game over here.

Yeah, can I can I pin the tweet up just with?

Go ahead. I'm going to make some memes I need to. I'm not going to be productive today, probably, unless I get some memes out of the way.

I can't even. I'm just fucking. I just. I like I said. What kind of Batman fucking shit is this? I don't get it.

Ohh damn sure I'm over here like thinking of Hangman designs in my head for for Photoshop. I'm like ohh we should do one more like Sam's the hangman. I'm like ohh that's dark. No never mind.

Not going to do that one.

What had happened was I was hoping that it was going to be a D like it's here with the way it happened was.

Right now.

Class oh, there we go.

That's a good one.

Hmm.

I think he's just high off his gourd right now.

You think so?

Hi.

But like, that's so you think that he's with his dad, though? You think his dad's like he like his dad's, like sanctioning this. Essentially, right now his dad's a.

Pretty respectable.

Political, individual and politically affiliated and and right. Like like she's she's a law professor, right?

They're all politicians.

Yeah, so.

I just feel like why the fuck with his dad?

Let him go off on a fucking Bender right now.

Yeah, you're right. I just. Yeah.

That's why I'm like, what is going on? And then Adam Cochran said he thinks the bet is that he's going to use this as a as I I think it's a distraction. I said what if he was using this as like a distraction while he takes off and like, he's packing everything he's got all he's got, like two or three words scheduled to tweet out every 40, you know, one letter every 45 minutes, and he's like, packing his fucking bags and like just flying away.

Right.

How true. Yeah.

You don't think so because air traffic control and all that fun stuff. But.

The the the whole thing is like man.

Out of all of this, what we're getting in the news is just noise about, you know, orgy, Adderall, sex island, blah blah the Sarris and like Ohh suddenly he's.

That was last weekend. That was that was that was two days ago. We're past that.

Four different salaries, OK. But the fact that he, you know, playing it out more that he's inept than anything, always a 30 old blah blah in this position, blah blah. It's like yeah to a point where they are incapable, but he's not daft. I mean come on in putting out these silly things out on his Twitter feed and like submissions and it's just trying to make it out to where he is it. Is this an alibi? Just saying like ohh, I didn't know better.

Need a little slap in the wrist? No.

Yo, can you scrape and can we archive his tweets onto a GitHub?

And to get hub.

Yeah, just to make a just to make a a GitHub where it could be accessible to anybody.

Or whatever you want for for storage. But I'm just saying like I feel like having just a GitHub repo is like the easiest, most accessible thing if you want to make it available to everybody if you feel like that information might potentially be.

Removed in the future.

Oh oh OK, I get you and I wanna be wanna be a GitHub, but.

Could use the security or the client ID pass with the total API and added to a collab on Google Cloud so anybody could just input it and just pull it.

Yeah, I think that, uh, somebody should spearhead that. And also Caroline's Tumblr, all the social media stuff, I feel like, like that's such a liability right now. Like, if nobody's actually, like, we're just making memes out of all of this, and then it all gets deleted and all we have is a handful of screenshots that got turned into memes. We're going to, we're going to look really fucking inept ourselves.

Well, The thing is, if we got screenshots, the metadata is still there. When you delete something, it's still there. It's archived. And it might not be. I mean, it might not be a hard. Well, yeah, it might not be a hard archive. After 30 days, this is pulled to an actual hard disk, and the disk is put on a little shelf in Twitter for the federal governments. If they need to recall, if any point reason, they're going to have to reference to the actual physical disk.

Gotcha. So it's still there but like do you want and just do you just trust the the federal government with that information like.

You want to issue like to have that information publicly available.

Ohh, I mean, no, I don't trust the federal government shit. My military documents supposedly in 2005 got burnt in a fucking fire.

Sue.

That's what I'm saying. I just feel like, you know, God yadda. Liabilities existential.

This is some crazy shit absolutely just can't fathom.

What's happening right now, this is like, I just and that's like, you ever feel like you're ahead of your timeline? Like, you're like, you get ahead of it, you're like, oh shit, I have to wait for it to like have to wait for more things to actually happen, like you're you're fully caught up with.

The stage like this is just.

I can.

Yep, Yep, that's stuck being the Oracle.

Huh.

But doesn't it suck being the Oracle?

Is that what it is? Is that what I am?

Uh.

It's the joke that I have with Casey who comes in here like.

Yeah, yeah.

And attract funding.

Just because anything with Sam Bankman fried and uh the UC and Tara and three arrows capital and you know, even FTX and Alameda. And I warn people on the side, but I don't see anything out in the public. They're like you're the Oracle.

Is the Oracle. I love it.

Um.

Yeah, right now I'm trying. I gosh, I just have my own shit for work I gotta do because I gotta like replenish some databases that we did some scrubbing for, which is keeping me up at weird hours. So I'm supposed to be napping right now, but there is that other space and I parked in yours earlier, but I'm trying to like tie connections in with.

Voyager. Like the not just Voyager, but there's this last name, right? Wright? And I can't remember the first name because I know Voyager originally bought the company and then paid rental to a right. And then I see cross tower, I see sandbakken fried Alameda 3, Arrows, HTC Holdings, and all this other stuff with the name right? And it's a very common name, but like there's an entire.

Family of rights that own certain companies like OK, which one is it?

Hmm.

So is that what you're trying? That's your current like?

Rabbit hole that you're on for yourself.

Yeah, I wish I never stopped doing drugs.

Uh.

Feel about crypto.com right now.

Huh.

Um.

Ohh.

Totally Anatoly.

Well, the.

On the 5th of May said.

Dot Coms crashed eight months after the pets.com Super Bowl ad.

Yeah, well, it's also funny because uh, let's hear February of 2022 was when the SEC and certain licensing was cracking down on a lot of exchanges and gate IO was then banned.

And crypto.com to help them move along. Accidentally sent them funds.

Yeah, accidentally sent them funds. Uh, they sent over like 400 million or something like that and to like gate IO accidentally they said, yeah, it took him like a week to get it back.

Yeah, well, I mean the the whole thing is it's, it's very blatant to me that they just were funding them to cook the books to show revenue to help them out and back and forth. It's just same things with FTX did with their own you know, Alameda and stuff. It's just.

Yeah, it's so. It's an old trick.

I can't believe this is happening right now. Shit.

Umm.

Uh.

A lot was happening on the news because, uh, let's see here usually every one year. And all the news usually hits in March of every year because that's when you know that the House has their meeting for their annual reports, you know, CBDC's and implementing them for the first year now. So next year in March you'll also have some huge crazy fucking news before we have another bull run.

Umm.

But we we end up having more clarity put on of not regulations, but more clarity on definitions. The trail of bits finally came out for report of what blockchain was, and then the VC's and hedge funds finally came in, swooped in, we had all this other stuff happening, and we're kicking out exchanges.

For special licensing that we were reinforcing and it's just, it's, it's.

I don't know. It's too easy to see if you take the emotion out of the finances and you're just looking at straight data.

Uh-huh.

You remember when I was proclaiming about that trail of bits report for fucking ever? Like, I read that shit the day it fucking hit and I was like, what's this? Everybody else's at NFT NYC going fucking ape shit over board ape stuff.

And I was like, y'all the essentially government just dropped a fucking report on their understanding of.

The blockchain and how they can leverage.

The.

Inherent.

Risks of centralization to their favor.

And it was just like I I couldn't believe everybody. That's that was a point in time. I think that kind of like I started to realize that a lot of the people that said that they were really in it for the defy thing and we're like super maxi about it, didn't actually know what the fuck they were talking about. And it kind of like jaded me a little bit because I was like, yo, like, this is a.

Like, intrinsically, like, relevant fucking thing for us all to look at and understand, and the fact that it's out here for all of us to like, look at and thumb through and nobody's talking about it. Like, what the fuck? And then sure enough, like now it's six months later and I'm on LinkedIn and I'm seeing people like Theo. Oh my God, I love him. But I had to twist his fucking arm to read that. I told him about it before him, and I started talking because he was talking about, you know, he was

Dance about decentralization and then how nothing in web three is actually web three and.

He's going full send on it. And I love it. Like I love that type of like cynicism when it's warranted. And I was like bro, like you read that report, right? And he's like no, I don't know, he's talking about and I like sent him the link. I was like read that is like, oh, I'm so busy, yadda yadda yadda. And then like eventually he read it and then now like he uses it on a regular basis and sites it and I'm like see like it just it just takes a while and still there's just not enough people talkin

That's one of the issues that I feel like exists in this space is you have a lot of people that are like just fundamentally undereducated. And it's like they almost like what really sucks is some of the most vocal people don't give a shit about actually learning more and and figuring out like really what this is all about and what it means aside from, oh, I, you know, do this and hold it for six months and then I get like three times my money back and I sell it.

OK. Yeah. What's the value accrual mechanism and that's the whole thing was like nobody asked about with Sam Bankman, Fried's FT and him basically, you know loaning out with collateral between him and three arrows capital which was the downfall.

And honestly, I think.

He didn't come up with this idea on his own. I mean, he had a legal team, he would have done things beforehand and his legal team was funded by his, you know, lobbying political ties, which is his family.

And other things and VC members come in and they did have experience, really did have impression on a young man so that that I do give him the benefit of the doubt. But the the downfall of Terra Luna I do think was him rug pulling 3 arrows that basically created them to be insolvent with a little bit of a caveat. And there's just so much going on that started all this. So I'm so glad it came back to nip them in the butt.

It's ridonculous. Like I was saying earlier, I can't believe that this happened. I can't believe that. Like I said, this is some Batman level shit. I can't believe. Did you see my tweet earlier? I said. I said let he who has not played a video game while pitching a multi $1,000,000 fundraising round cast the first stone.

You know what I'm saying? Like it's so bonkers when you read about the absolute audacity that this motherfucker had.

The outright lies the out, like and the it's so unscrupulous. And it is one of those things that it's just making. Like you look at it and then the Sequoia thing, when you look at the paperwork and they were just like smitten by him. Like they they did no due diligence. They were just like, he looks like what we want and he's saying words that we like. Give him the money. Give him the $400 million. Like what the I can barely get the bank to fucking talk to me about lending me 20 grand.

They're fucking small business loan.

Jesus Christ, I'm just, it's it's the audacity that gets me.

Yeah, yeah. I mean, it's just, you know, it's all peacocking. That's all it is.

Well, and that's what exactly like it's all posturing and it's just like just imagine posturing with hundreds of millions of dollars like that like.

Why it's and I just.

Do they? I I guess what I'm having a hard time with is like, do they really not think that what they were doing was?

That big of a deal like is that one of the, I feel like that's probably a part of the issue. It's like you know like the.

The concepts, the the ethical issue of like drone strikes, for instance, when you have people that are flying drones that are pilots. Like, what if you don't tell them that they're actually flying in real life? You could tell them that it's a simulation and they want to know better, right? So, like the brain.

Has the ability to detach from reality if it wants to, and it's dealing with a purely digital environment or a virtualized environment. So when you're dealing with like this digital money, like, do you think that maybe it's easy for people to kind of like what Emily was saying earlier? Do you think it's easy for people to just kind of like detach from the concept of this actually being tied to intrinsic value if it's all existing in a digital and virtual sense?

Yes, but then also in the sensible trade fire world with the actual business entity that there is EBITDA and depending on, I mean FTX is a private company and there is different different forms for shell and sub entities that are overseas that are private limited.

And those don't require submissions of an actual audited report, I mean report but they are and you can actually it's required to be audited, but you can find your own auditor. And at that point in time you have to understand who did the auditing, which country or domicile it was at because EBITDA depending like United States is the valuation after fees, rentals, blah, blah, blah.

You know, debt ratio. So that would be the valuation of the company versus let's say Germany where it's all tied into one, so it pumps the bag more.

I got you. Sorry.

What the fuck do you think we do?

From this point moving forward, like what do you think the next thing is going to happen? Do you think that SPF Caroline Alameda, do you think they're all going to prison? Do you think it's going to be open and shut? Do you think this is going to be years of?

Of looking at information and trying to figure out what happened.

Hey, I'm just gonna say that I'm laughing my ass off in a sick demented humor. Everybody just like knee jerk reaction like Oh my gosh, crypto blah blah. They were affected in completely directly but they're gonna watch them slowly cook in a freaking frying pan. No get your money off and you know do everything. Do all the caveats. If you're unsure and you're scared just pull out. But it's gonna it's gonna boost up. This is this is the the weeding out of the bad actors and what you know.

Taken away, yeah, the valuations that wasn't truly there. You know that the smoke and mirrors are being removed, so of course your bags aren't valued at what you thought it was, but it's gonna be true. And another thing is like.

Just just all this stupid reactions like, oh, I'm breaking news, I'm gonna stay up 24/7, just pay attention and just waste my life just trying to pay attention to every little thing. He just ate spaghetti, he just woke up. He just had a bowel movement breaking.

OK.

I was like, stop all of you. Just turn your phones off. Relax, get to it later.

You just uh.

I think that's so pretty much it's gonna happen as it happens.

Yeah, I mean this is the first rodeo and this is the worst it has been. I will definitely say that, but.

Do you think that the previous radios will make it to where this is gonna be more expedited?

No, unfortunately not. But we, we have hit the beginning of early adoption phase of the 13% of the world. So if you ever look at the, you know adoption phase which is the first three percentile, which is you know the early innovators, yeah, the early innovation charts for adoption. We are now just hitting the beginning of early adoption where we're going.

Actually have the next 35 percentile of the world jumping in, and at this point in time, we're going to be hit hard. This is what?

Uh-huh.

It's our economic system having a new change of our macros and you're going to see a lot of legislation go through. We're going to, it's a it's an election year and you're not going to see anything happen this election year. We're going to have another four years. So you're not going to know anything until 2026, and nothing's actually going to settle out until 2031. It's just unfortunate that everything has to follow a political campaign.

Yeah, that really fucking blows.

Tweeted another letter a little a few minutes ago.

Damn it. And see, Greg did the fucking job. The the Wheel of Fortune thing that I was thinking about. But I'm not Greg. I could have made that. It would have gotten 3 retweets. He would have posted his version, it would have got 1000. Another negative about it, whatever.

Whatever.

Also, I still like Greg.

I just.

Done.

OK.

We're gonna sit here and wait for him to spell it all out.

He already did what is happening.

And they said what happened? And then he stopped on E.

Hasn't he hasn't done anything past the yet?

3D.

We know he's gonna say what, we know what's happened or what happened or happens, but that's the thing. This mother fucker is doing it on purpose now.

Sociopathic and we're feeding him.

You are.

Shut up.

This.

Uh.

OK.

Well, at least we.

I got some tweets up there on top.

Make sure you fucking follow Adam. If you don't follow him, do you follow him?

Who the fuck is Adam?

Follow that motherfucker Adam Cochran. Or he's.

He's I think he's like a quantitative analyst, but like he.

He does a bunch of other stuff now. He used to work at DuckDuckGo and now he works on.

He's like an on chain sleuth, but he also does other stuff. I'm more interested in the sleuth thing. He really like chases things down.

He's really good at crunching numbers too, though, so like he can and like, he'll often analyze.

Like.

Unchain shit and wear like coffees all and everybody's like ohh look they're doing this and that he's more like ohh these are the numbers and this is the percentage of that that relates to this and this is that and it's actually really he's he's a good analyst to follow and and crypto Twitter.

That's what I really like. That's why I advocate for motherfuckers. Like, tighten up your fucking timelines. Like, you don't have to fucking follow everybody just because they follow you. Everybody tries to be like, ooh, I'm not stingy with my follower account. It's like, yeah, neither am I, but I'm stingy with my fucking timeline. Like, I hate logging on to Twitter and seeing a bunch of bullshit like that unfollow people.

Or at least mute them and I'll still follow them. But I have like friends that I fucking mute because like, they just retweet, you know, dumb shit. And I'm like, yo, I don't want to see that. I don't want. Like, I have limited amount of time. I want, you know, I don't want.

10% of the fucking shit that I come across in my timeline to be junk, you know what I mean? Like, I like my shit to be more lean than that.

I don't even read my timeline.

See, I do. I have. I have a rich timeline full of awesome information. I follow awesome motherfuckers. They add, you know value when I open up Twitter. I bought that shit open and I'm like, oh damn shit's happening.

I have um, I have a bot account that I put in my friends. Uh, Twitter ID.

And I basically helped pull certain keywords and that's what I read off my tweet deck and I'm done. I don't actually read my other accounts or even this ones, a normal feed.

Hmm.

Same with discord. Like you know how we we started out like ohh I hate discord and you're teaching me how to get rid of those like red dotted dooms and I decided to make my own discord and just pull everything off of all the channels.

There you go.

So I just go to my my discord that I made. I'm like, oh, I'm caught up.

Ohh.

Ohh cool cat retweeted my shit. My guy, I love cat. Everybody give cat a virtual kiss.

This is just.

Thank you. I'm so happy you got those sounds.

Oh my God what was I looking at here? Um ohh OK put it up top there Huobi.

Is was detected transferring $10,000.

And eat after releasing her 10,000 ETH after releasing its assets snapshot, 545 firms have reached out to Binance.

For help.

In relation to the Industry Recovery Fund, which sees the announced earlier today.

Did you guys hear about that?

Yep. His special space. Yep. Yep. Yep, Yep.

Alameda Inside traded tokens that FTX would list. We already knew that, though.

I'm gonna have to forget like that. Didn't even need like that information didn't need to be reported, but.

It needed to be, and it would be eventually, but we knew that, didn't we?

Was that the soggy token or the sharding token or the shitting token starts with an S?

I don't know the name of the token itself. It says tokens I believe obviously FT and and all the other tokens.

That they were.

Listing.

Uh, there was a lot. Like, that's. I think that's probably one of the most disgusting things about all of this. Like I said earlier in the space is how like this is something that people got into crypto to get away from, like Wall Street and the shorting and the blah blah blah, and then they get right back into it and they see this shit. Like, I have a friend who's really big into like, you know, GameStop stock, and he's still into it. He still fights the fucking games. GameStop battle talks abo

And you know, he's beginning to like compushare and stuff like that, like direct direct buying and and listing your your shares and shit. So like.

This is just kind of ridiculous when you get into it because it's like FX is doing the same fucking thing that like essentially like when Robin Hood was doing all of that, when we found out that Robin Hood and all of the other.

Exchanges were essentially selling that data to the market makers. So the market makers weren't just making the fucking trades and shit, they were also using the data being provided by the exchanges to bet against the people on the fucking exchanges.

Like what? And then we get into crypto and it's the same fucking thing and it and it's just it's I think it's so bonkers. And it's another reason why like we need decentralized protocols. And I'm like why can't we fucking have a D5 protocol that that automatically? Why do we need an intermediary to go between Fiat to to crypto? Explain that to me like I'm fucking 5.

Ah, because Tran Phi is worried about security risk. So it has to have a manual review and audit to be on paper. Because everybody saw archaic with these large machines that take the entire freaking room because we're at a traditional network server that will cost the US government $78 trillion to update.

Holy shit, why can't we make a decentralized, centralized exchange?

Our technology that we currently have with our hardware and software is not to date and will completely crash the system.

Sweet.

So you're telling me that we can't make a company like FTX centralized exchange that goes through all of the hoops, all of the all of the things that need to get gone through, but run it in a decentralized way?

We can run things in decentralized ways like dowels and so forth, but to be truly decentralized weren't there. Our technology can't keep up.

So if we wanted to do a decentralized like a Dow for like a centralized exchange, how would that look?

There.

What would that look like?

No as much as you. I mean we're this is the caveat I have to say because everybody wants to figure out ways and you know good good intentions but.

I forgot the whole thing like thrill, good intentions, blah, blah blah. But the the fact is there is always going to be somebody that will have more money. There will always be somebody out there that's gonna be thinking and mischievous manner. And in that sense, like OK, you spun up a chain, OK well, how can I actually advance you in the nodes and take majority control? I will own 51% by golly. Or you know the some form of.

Validation and staying with the amount of funds like OK that's where you have shorting. So if you want to create a Dell, how can you protect yourself from not being the lower you know mingly one. Do you have enough funds to actually you know ensure that or are you putting trust in people and expect that one after you're not to be able to suffice we we I mean we've seen this in Terra which was the centralized.

Very true.

Very true.

Yeah. What? I'm guys, we got it here. What's up, Mr. Rogers, crypto head?

What's up?

I mean on the plus.

Donnie.

On the plus side, when you think about it, blockchain technology, I mean our advancement of, I mean the coding and so forth still going to be there and contract addresses and you know regular stories are going to be in play. But we're not going to get to actual true decentralization until you know maybe the early 2000, sixties to 2000 hundreds where we're actually going to have true quantums where we're actually going to remove the the issues of our hardware.

And software.

Damn. See you. So you think for the next like 4050 years, no matter what we're gonna be like?

Hindered by our reliance on traditional hardware and software.

Or.

Architecture.

Our computational power that we have currently is unable to keep up and until we solve that problem then we have to rely on what we have.

So you think stuff like this is gonna continue to happen and there's not really gonna be a way to safeguard against this type of stuff until we get to a point where.

Weird.

The techno.

Cop.

Yeah, I mean, even though something's going to be supposedly decentralized, the entry point is centralized. And eventually we're not going to be interacting directly on a layer 0 blockchain. We're going to have, you know, we shouldn't be directly interacting with the black team. There should be layers, you know?

It's like with the computer like we interact with the graphical interface, not the individual processor itself.

Right, exactly. So in that sense, how centralized versus decentralized is it? So people have to have a trust factor and right now the trust factor is not here, but we have to build that trust with transparency using, you know, that's what the blockchains for is to have verifiable, you know, you know, receipts and accounts, but doesn't mean us ourselves are going to be interacting directly.

Love it.

Fuck yeah, well, if uh, who we got here? Shawnee and Mr. Rogers. You know, we're just. I started this space because I just can't stop paying attention to what's going on with SF right now. I don't understand how he's not in custody. I don't understand how this is all going down the way that it is, and it's just mesmerizing to an extent. But I'm also trying to like, not have to pay too much attention to it, which is why I just, like said fuck it.

Keep the space open. Bring the homies up.

And maybe try to get some work done with the.

Space open. I don't have to and and and and the the barrier to entry being just that we're sitting around waiting for the next thing and I post it up to the top for right now until I get bored doing that. It's pretty easy. I'm. I'm just. I'm just blown away though still.

2000.

And.

Six, 2026 we're gonna see the epitome of or epitome I always.

Uh, now you do that with the word. I used to do that rendezvous. I I forgot that they were. I didn't know they were different words for the same word.

Yeah or covered couple covered. But anyways I'm as you can tell I'm like slap happy tired cause I've been working nonstop.

But what was I even saying? God.

You said a pitomba.

Ah, I lost my train of thought because you just laughed at me and I just was like, OK.

Uh, that's how that's, I think we're all kind of like that. It's it's we've been paying attention to this shit for so long. What?

The the epitome of, you know, the everyone's now here is just reiterating on the innovation phases of blockchain adoption and cryptocurrencies and crypto technology. And you know, crypto people are going to have to learn that it's not, you know, associated to crypto. They're just going to be, you know, by the late adoption phase or the late laggards phase. When it finally gets to the last 60, some percentile is when they're going to be interacting with it and not knowing they're interacting with

I don't know.

But we are, we're at that first phase first.

Percentile of the world that is now adapting it. All this regulations put into play and people are going to be entering into the cryptosphere out of curiosity because they're hearing about it, you know, because people are, you know, gluttons for abuse unfortunately, I mean.

And we're hitting right now is the early adoptions of the 1st 35 percentile of the world. So if you relate the innovation chart to also the World Economic macro, I can't even talk macroeconomic systems 1913, nineteen 30s and so forth every 30 to 40 years there is an economic shift and you will see that this election year is.

The adoption of a new economic.

She says, Christ, that's why I'm OK. Listen, I'm. I'm thinking I'm gonna go ahead and dip out. I'm gonna turn my phone off and get some work done. Now, I think that's one good thing about all of this in my ADD is I have drained so much fucking dopamine, I've squeezed it out of my fucking brain running my spaces since 9:30 this morning. It's now going on 1:30. That's damn, that's four hours of spaces. I'm. That's it.

I'm good. I can do it again on Wednesday, Mr. Rogers. I do spaces every.

Monday, Wednesday and Friday and starting next week back to weekly spaces on Tuesday with my boy cat make I make web three content. I make content about Web 3 as a motherfucker and web three that's poor but still loves the technology and loves the the community and loves what we're building. And I hate when shit like this happens, but I like making content and connecting other motherfuckers.

About that life. So pull up if you want Wednesday, 9:30 AM central. This was more or less just kind of like a after I ended the last space, I saw that SBF was tweeting letters again and I had to do something. I had to spend a space of just like, talk to somebody about it in real time, even if it's nobody. That's why I recorded it. I was like even if I'm just talking to myself and it just becomes a fucking audio journal entry, then that's fine. But eventually, my homie, you're being pulled up as

And then you guys so appreciate y'all.

Keep an eye on the the situation out there. That's one of the coolest things about the fucking time that we live in is the fact that this shit's happening so fast and we're on Twitter. Twitter is where the journalists go to figure out what the fuck is happening. We're we're seeing it happen in real time and we have access to the fucking blockchain and a lot of ways we're able to get ahead of the fucking news. We're able to get ahead of the fucking conversation and, you know, depending on who you

What's your intentions? Are you know, that's possibly something that could benefit you. So you know.

Do that if that's what you're about. If not, at least just so long and, you know, appreciate the ride. Anyway, I'll talk to you guys in a little bit. Hope you guys have a great day.

Alright.

Hello.

Up.

Go rest. Rest your eyes, rest your soul kit. Ohh my gosh we'll figure this out.

Bye.